Learn about employers' attitudes towards offering employee benefits: what insurance and non insurance benefits Canadian employers currently offer and whether Canadian employers prefer to use a single carrier for all their benefit needs.

Yuliya Esipov 12/5/2019
Learn about employers' attitudes towards offering employee benefits: what insurance and non insurance benefits Canadian employers currently offer and whether Canadian employers prefer to use a single carrier for all their benefit needs.
LIMRA surveyed 1,200 Canadian employers to determine the latest trends in penetration rates for employee benefits and retirement and savings plans (e.g., what percentage of employers offer various benefits). The survey focused on private employers with five or more employees that had been in business for more than one year. Respondents were the individuals who made or shared in their firm’s decisions concerning employee benefits. Employers commented on:
Making the process faster with standards. The LIMRA Data Exchange (LDEx) Standards are for insurance carriers and benefits administration technology companies looking to reduce errors, improve customer experience, and increase speed to market.
A forum for LIMRA member insurance companies and technology service providers to participate in an open discussion on how to cohesively work together and define better outcomes.